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Octavia Spencer in Talks for Guillermo del Toro's Latest Movie

The film is described as a mysterious and magical journey, set against the backdrop of Cold War-era America circa 1963, with an otherworldly love story at the center.

Guillermo del Toro has a new supernatural movie in the works and is already deep into casting.

Octavia Spencer is in negotiations to board the untitled feature, which del Toro is writing, producing and directing for Fox Searchlight, The Hollywood Reporter has confirmed.

The goal is to shoot this summer.

Details are being kept in a bunker, but the film is described as a mysterious and magical journey set against the backdrop of Cold War-era America circa 1963, with an otherworldly love story at the center of it.

Spencer won a best supporting actress Oscar for her work in 2011's The Help. She appears in The Divergent Series — Allegiant, which bows this weekend; voices a part in the current animated pic Zootopia; and just boarded Searchlight’s period race drama Hidden Figures.